tomo logo

$760,000

Beds
3
Baths
2.5
sq ft
2,158

6969 Mantonya Rd, Twentynine Palms, CA 92277

6969 Mantonya Rd

29 Palms, CA 92277

  • 9 days on market
This stunning 3-bedroom, 3-bathroom retreat offers 2,158 sq. ft. of beautifully designed living space, located on a sprawling 2-acre lot in the heart of 29 Palms. This property is an entertainer's dream, featuring a heated in-ground pool and spa, open-concept interiors, and abundant natural light. As a proven income generator, this property is projected to generate over $96,000 in gross revenue annually. Enjoy a self-managed cap rate of 9% or a 7.3% cap rate with professional management, making it an ideal investment opportunity. The home boasts beautiful finishes, spacious living areas, and a tranquil outdoor space perfect for soaking in the serene desert views. Located near Joshua Tree National Park, it offers a prime location that combines relaxation and convenience for guests or owners alike. This fully furnished and turnkey property includes all furniture, appliances, and operational items—ready for your STR portfolio or as your personal desert getaway. There is even an additional 33,541 sq. ft. adjacent lot that can be added to the purchase for $20,000. The APN for the additonal lot is 0613-051-28-0000. Don't miss out on this unique opportunity to own a versatile property that offers both lifestyle and income potential. Schedule your showing today and make this desert oasis yours!

Details

Property type

Single Family Residence

Est. home value

$740,061

Lot size

2.36 acres

Price per sq ft

$353

Year built

2006

HOA

No

Price History

01/15/2025
CRMLS

CRMLS #OC24251504

Listed
$760,000
+1.47%
08/13/2021
CRMLS

CRMLS #JT21144033

Sold
$749,000
+113.59%
12/14/2017
CRMLS

CRMLS #JT17196546

Sold
$350,675

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Morongo Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$315,240
Asking price
$760,000
Closing costs (~8% of asking)
-$60,800
Est. remaining loan balance
-$383,960
Cash to seller
$315,240

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

August 2021

Original loan amount

$415,000

Est. remaining balance

$383,960

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Jared R Montblanc and Melissa Montblanc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/24/2025 at 9:35 AM

Listing updated: 01/23/2025 at 4:01 PM

Listed by: Keith Powers, Alta Realty Group CA, Inc Phone #: (888) 504-5327

MLS: CRMLS #OC24251504

CRMLS logo